The 91st meeting of the Board of Ignite National Technology Fund approved the annual budget for 2022-23 and the revamped… Read More
Academics Demand Monthly Fuel Subsidy for University Students
Academics have called for the provision of a monthly fuel subsidy for the students of the higher education institutes in… Read More
Large Scale Manufacturing Surged by 10.4% During July-March FY22
Pakistan’s Large Scale Manufacturing (LSM) sector picked up the momentum and staged an overall growth of 10.4 percent during July-March… Read More
Pakistan’s Wheat Production Slumped Due to Water Shortages in FY22
The wheat production in the country has decreased due to a reduction in cultivation area, less fertilizer off-take, droughts, and… Read More
PSX Among Asia’s Worst Performing Markets
Pakistan Stock Exchange (PSX) is among five Asian equity markets which showed negative growth in the first nine months of… Read More
Country’s Spending on Education as Percentage of GDP Declined in FY22
The cumulative education expenditures by federal and provincial governments in the fiscal year 2020-21 declined to 1.77 percent of GDP… Read More
Pakistan’s Power Generation Capacity Nears 42,000MW
The total electricity generation capacity during July-April 2022 increased by 11.5 percent to reach 41,557MW from 37,261MW during the same… Read More
SBP Reserves Drop $497 Million to $9.226 Billion
The foreign exchange reserves held by the central bank decreased 5.1 percent on a weekly basis, according to data released… Read More
Senate Passes Fiscal Responsibility and Debt Limitation Bill
The Senate on Thursday passed the Fiscal Responsibility and Debt Limitation (FRDL) (Amendment) Bill, 2022 with a majority vote. The… Read More
Govt’s Outstanding Guarantees Hit Rs. 2.7 Trillion in FY22
The outstanding government guarantees have reached Rs. 2,700 billion, revealed the Pakistan Economic Survey 2021-22, published by the Finance Division… Read More
SBP Hosts 40th Council Meeting of the Islamic Financial Services Board
The State Bank of Pakistan (SBP) hosted the 40th Council Meeting and 20th General Assembly of the Islamic Financial Services… Read More
Banks Assets Surge to All-time High at Rs. 30 Trillion in 2021
The banking sector exhibited a consistent performance with all major indicators touching all-time high marks including assets, deposits, financing and… Read More
